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Hong Kong Business Tycoon Removed From City’s Top Advisory Role After Panama Port Sale Sparks Beijing’s Backlash

Summary by The Epoch Times
As President Donald Trump reorganizes U.S. trade relations with China and calls for the United States to reassert influence over the Panama Canal, Beijing has taken aim at a major Hong Kong business tycoon involved in a key infrastructure deal. Victor Li, chairman of CK Hutchison Holdings and son of billionaire Li Ka-shing, was quietly removed from the Hong Kong government’s top advisory board after his company announced in March the sale of two…

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* Panamanian lawyer Alonso Illueca explains how the Chinese presence in Panama includes a wide network and links that allow us to promote Beijing's global narratives. ** China Index 2024 shows how Beijing has a growing influence in Panama, especially in domestic politics, despite efforts to contain its economic power. Public Record Since 2017 China has reinforced its presence in Panama with a series of actions to expand its network of organizati…

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The Epoch Times broke the news in New York, United States on Monday, June 30, 2025.
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